Common use of Notices by Governmental Authority, Fire and Casualty Losses, Etc Clause in Contracts

Notices by Governmental Authority, Fire and Casualty Losses, Etc. Borrower shall timely comply with and promptly furnish to Lender true and complete copies of any official notice or claim by any Governmental Authority pertaining to the Property. Borrower shall promptly notify Lender of any fire or other casualty or any notice of taking or eminent domain action or proceeding affecting the Property.

Appears in 5 contracts

Samples: Disbursement Agreement (Campus Crest Communities, Inc.), Secured Construction Loan Agreement (Campus Crest Communities, Inc.), Loan Agreement (Verecloud, Inc.)

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Notices by Governmental Authority, Fire and Casualty Losses, Etc. Borrower shall timely comply with and promptly furnish to Lender true and complete copies of any official notice or claim by any Governmental Authority pertaining to the Property. Borrower shall promptly notify Lender of any fire or other casualty or any notice of taking or eminent domain action or proceeding affecting the Property or the Hotel/Retail Property.

Appears in 1 contract

Samples: Construction Loan Agreement (Behringer Harvard Short Term Opportunity Fund I Lp)

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